11-13 Stockmans Way, Kensington VIC 3031
11-13 Stockmans Way, Kensington VIC 3031
3 bed 2 bath 2 car house | larger than most pocket townhouses | city fringe lifestyle | secure double parking | strong school zone
A three bedroom, two bathroom, two car house is offered in Kensington Banks, a planned city fringe pocket where two bedroom townhouses are more common. The larger internal footprint and second car space are regarded as clear advantages for owner occupiers. The low maintenance nature of the property is expected to suit professionals, young families and downsizers. School zoning is cited as a reliable draw, and walkability to transport, parklands and the city is treated as a core strength.
The final price may be influenced by the condition of interiors, the size and aspect of any private outdoor area, and the ease of the double parking. A modern kitchen and bathrooms might support the upper end of the band, while dated presentation could be treated as a renovation cost, and the internal flow should be checked carefully.
Detailed Independent Property Report prepared by PropCred Analyst team for 11-13 Stockmans Way, Kensington VIC 3031
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Market Insight
Kensington, inner Melbourne, is a premium housing market with a median house price of $1.125M and units at $505K. Buyer demand is high-income: weekly household earnings run 16.6% above Greater Melbourne, and auction clearance hit 80% in September 2025. Annual house growth ran between 3.05% and 4.2%, though the latest quarter fell 8.5%. Units are softer, down 5.65–6.3% annually and 16% quarterly. Supply is tight—recently 23 houses for sale, with days on market averaging 27–39. Sales volumes of 127 houses and 109 units over 12 months reflect steady turnover. Rental yields remain modest for houses (3.33–3.6%) but firmer for units (5.17–5.5%), supported by unit rents of $520–550 weekly. Existing transport links—Macaulay Road, Hobsons Road, nearby train stations—anchor the suburb. Key constraints are affordability and negative long-term price drift: houses -0.09%, units -1.10% annually.
PropCred Estimated Value
Comparable Sales: 206 Stockmans Way, three-level townhouse, sold at $867,500 in Feb 2024 | Property Price Band: $1.3M to $1.4M | Value Drivers: three bedroom layout, double car parking, condition and presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
274m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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